|
|
Article: Quality Jobs Act may change: Advisory Task Force on Oklahoma Corporate Income Tax Reform approved
- Article from:
- THE JOURNAL RECORD
- Article date:
- May 30, 2006
- Author:
CopyrightCopyright 2006 THE JOURNAL RECORD. Provided by ProQuest LLC. (Hide copyright information)
|
Among the mountain of measures approved during the waning hours of
the 2006 legislative session were several business-related bills.
House Bill 2628, by state Rep. R.C. Pruett, D-Antlers, and state
Sen. Jeff Rabon, D-Hugo, changes the Small Employer Quality Jobs Act
to give 13 low-wage, high-unemployment counties an advantage.
Under the Small Employer Quality Jobs law, qualifying companies
can receive quarterly incentive payments for seven years, based on a
statutory formula.
Affected by the change are Caddo, Choctaw, Coal, Greer, Hughes,
Jefferson, Kay, Latimer, McCurtain, Muskogee, Okfuskee, Okmulgee and
Seminole counties.
These counties have an unemployment rate more than 10 percent ...